The Fed in its statement estimates that U.S. unemployment will hit 6.5 percent in 2014, much lower than earlier estimates claimed. But until that happens, it appears the Fed is committed to keeping long-term interest rates at record lows with its bond purchases.

The Fed also plan to keep short-term interest rates low.

“The statement was approved on a 10-2 vote. James Bullard, the president of the Federal Reserve Bank of St. Louis, objected for the first time this year, saying he wanted a stronger commitment from the Fed to keep inflation from falling too low,” the AP reports.

“Esther George objected for the fourth time this year, again voicing concerns about inflation rising too quickly,” the report adds.